Iran’s president says Tehran willing to negotiate to end ‘neither war nor peace’

The signal matters less for what it says than for what it leaves unsaid: no scope, timing or participants, which keeps the offer in the realm of positioning rather than process. For markets exposed to Gulf risk and energy flows, the distinction between a rhetorical opening and a structured channel is the whole story. The open question is whether any named counterparty or venue emerges — without that, the standoff's practical terms remain unchanged.